Wabtec and Kazakhstan reach $4.2 billion locomotive deal, US Commerce Department says

by Reuters Sep 22, 2025

Locomotive parts maker Wabtec has reached a $4.2 billion agreement with Kazakhstan under which the Pennsylvania-headquartered company will provide the central Asian country with 300 locomotives, the U.S. Department of Commerce said on Monday.

The deal will give Kazakhstan's national railway company Kazakhstan Temir Zholy (KTZ) 300 "evolution Series ES44Aci heavy-haul locomotive kits over the next decade," the department said in a statement.

It is expected to support 11,000 U.S. jobs, it said.

US Secretary of Commerce Howard Lutnick attends a business reception at Lancaster House in central London, with attendees including government ministers from both the UK and US and representatives from major UK companies, as part of the second state visit to the UK by US President Donald Trump. Picture date: Thursday September 18, 2025. Jordan Pettitt/Pool via REUTERS

The agreement was made after a call between President Donald Trump and Kazakh President Kassym-Jomart Tokayev, Commerce Secretary Howard Lutnick said in a post on X.

"This landmark deal advances U.S. manufacturing jobs and accelerates growth, opportunity, and connectivity in America and Central Asia," Lutnick said.

Wabtec shares were up 4.7% after the announcement.

Kazakhstan, which borders Russia and China, has seen its U.S.-bound exports slapped with a 25% tariff rate by Trump. Tokayev wrote in a letter to Trump in July that he was prepared for constructive dialogue on trade issues.